What you say is going to be especially true in years to come, but for the next decade or two I see something different than your first paragraph - an unprecedented generational wealth transfer.

Only a few lucky people will get this. Boomers are going to live longer and use up more of their savings doing it. A lot of them probably don't have adequate savings to live the way they want anyways. If you look at debt levels, a lot of them probably won't have any wealth left to pass on. Young people will be left paying not only for their pensions, but for their gargantuan health care bills.

As it stands now, nobody's buying me cars or houses, and nobody paid for my education. I had to go into debt, just like pretty much everyone else I know. That's how our system works, and why the 1% keep getting richer. You go in debt, and spend the rest of your life trying to get out.